Peloton (PTON -8.57%) appears to have overcome its most significant risks and is on a path to sustainable business development.
*Stock prices used were the afternoon prices of Oct. 31, 2024. The video was published on Nov. 2, 2024.
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Peloton Stock Soars Following Huge Inflection Point in Profitability
By Parkev Tatevosian, CFA
–
Nov 4, 2024 at 9:56AM
NASDAQ: PTON
Peloton Interactive
Market Cap
$4B
Today's Change
(-8.57%) -$0.88
Current Price
$9.39
Price as of December 27, 2024, 4:00 p.m. ET
Investors wonder if the company's results justified this stock price increase.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Peloton Interactive. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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